Epic Games announces $1.78 billion funding round

Epic Games is worth $17.3 billion following a $1.78 billion round of funding.

Sony Corporation has invested $250 million. Among other investment partners are Baillie Gifford, BlackRock, Fidelity Management & Research Company LLC, Lightspeed Venture Partners, Ontario Teachers’ Pension Plan Board, T. Rowe Price Associates, Inc., and David Tepper. 2018 investors KKR and Smash Ventures also participated in the round.

This latest round of funding makes Epic the fifth most valuable technology startup in the US.

Comments

Write a comment...

Analytics: Revenue of Last War: Survival has approached one billion dollars

Last War: Survival is a mobile strategy game set in a zombie apocalypse, developed by the Singaporean company First Fun. The game was released in July 2023. According to the analytics firm Sensor Tower, since its release, Last War: Survival has generated over $900 million